AutoCandlesHi everyone!, this Script is the first in my series of candlesticks indicators. Currently it supports only a few, but it´s quite strict about them, contrary to most scripts I do thorough calculations to avoid false signals, if you would like to soften the indicators so it generates more signals feel free to ask.
It uses the same interface for showing as the Candlestick Scanner by Nicolas, but use different formulas.
I encourage everyone to comment what indicators they would like to add (with proper reference so I can actually add them) or to correct improper behavior in the indicator. This way I will be able to perfect the indicator and make it more useful to everyone.
If anyone reads the pine code and wonders why I compare to the average true range frequently the answer is quite simple, it's done to make the algorithm work in ANY symbol, so concepts like long bars or "visible" gaps can actually be coded.
If anyone needs to hide the 0.0000 values of the script it needs to go to the properties of the chart, then background and then uncheck indicator values.
Анализ свечей
HighLowPricePercentage of ProfitTrailer Feeder offset criteriaThis is to check the distance/difference of the current price from the norm and is over the MinutesToMeasureTrend time window or LongTermMinutesToMeasureTrend.
You need to put the values in your appsetting and time interval of candle chart.
Default is 120 minute of MinutesToMeasureTrend value and 720 minute of LongTermMinutesToMeasureTrend value on 5 minute candle chart.
This script is to help myself understand the criteria of Feeder.
Any comments and suggestions are welcome.
Spotting HammersThis script can be used to spot hammers on the charts, I try to avoid false positives by ignoring candles which have less than 0.25% price difference between open and close.
SD_Bull_Bear_Engulfing_Rsi_SdThis strategy combines the idea of a bullish or bearish candle engulfing coupled with standard deviation (a 100% increase or a 50% decrease). The exit condition is placed if the percentage increase is achieved or 35<rsi<65.
The strategy requires refinement so please test the script and let know what can be incorporated to improve the efficiency.
Reversal Candlestick Pattern With Trend IndentifierThis script help to identified popular candlestick pattern combined with trend identifier.
Most script only focus on criteria of the pattern. Such as how much the length of the body compared to previous candle etc.
Besides criteria of the candle, this script also considered the trend into the logic.
For example bullish engulfing is a bullish reversal signal, which is only valid in a down trend.
To identified trend, I'm using RSI. Normally, RSI less than 50 is considered a down trend, and RSI greater than 50 is considered up trend. In this script, you can customize the criteria of how much RSI is up trend and down trend.
Default value RSI >= 55 is up trend, RSI <= 45 is down trend.
Your feedback and suggestion is welcome.
Supported pattern:
White Marubozu (wm)
Black Marubozu (bm)
Hammer (h)
Hanging Man (hm)
Inverted Hammer (ih)
Shooting Star (ss)
Bullish Engulfing (e)
Bearish Engulfing (e)
Tweezer Bottom (tb)
Tweezer Top (tt)
Three White Soldiers (tws)
Three Black Crows (tbc)
Morning Star (ms)
Evening Star (es)
Three Inside Up (tiu)
Three Inside Down (tid)
Reference:
babypips.com
Bearish Engulfing StrictMost of the engulfing indicators i tried seemed to only look at the candle bodies which i didnt like. This one takes into account the highs and lows as well. You get less signals but each one seem to be more reliable.
Bollinger BarsA partial implementation of Bollinger Bars, as developed by John Bollinger.
This seems to be as close as one can get to true Bollinger Bars with TradingView's current implementation of the Pine language.
It may be possible to complete one day.
Hammers, Bollinger Bands & Moving Average ExponentialShows indicators above/below hammer-like candles.
Also adds BB & EMA in order to reduce active indicator count.
Closing bars arrowsSimple script which adds arrows above or below bars.
Triangles will appear if close prices is in a above 80% or below 20% of tick price bar.
Default values can be changed from settings.
All indicators in one!All indicators in one!
Hull MA (2 colors) + Bollinger Bands + 6 EMA + 50 SMA + 200 SMA + Parabolic SAR + SUPER TREND (2 colors) + Doji signals (yellow)
Inside Bars - Rob Dee editCatch Inside Bars with ease with this tool.
Adjust the colour and intensity of the indication candle.
Candlestick Patterns [DW]This is a simple study designed to track multiple candlestick patterns. Custom alerts included.
PIN BAR INDICATOR real pin bar The indicator identify real pin bar candle (the shadow must be 2x the body)
Aggressive Pullback IndicatorThis indicator is designed to be used with the rules of Steven Hart's Aggressive Pullback Strategy. It is intended for use on the 4-hour timeframe of certain currency pairs, but will work on all timeframes and instruments. The rules are customizable, but the default settings are designed to reflect the rules of Steven's pullback strategy as closely as possible.
To enable alerts: Add the indicator to the chart and create a new alert with the settings Condition: API , Frequency: Once Per Bar (on Close).
Feel free to message me if you have any questions :)
- Matt.
Volume Based Price ActionThis indicator is uses volume and common candlestick patterns to suggest potential trend reversals. It is not quite meant to be used as a buy/sell signal. Instead, it should be used to evaluate market psychology based on when the buyers or sellers fully dominated the price action.
In the current version, the indicators looks for engulfing and pin-bar patterns. Optionally, it also considers rising volume as further confirmation to the signal. In future, I plan on allowing it to track more candlestick patterns.
Please let me know if you have any suggestions, concerns, or comments!
Price ActionThis script is an alternative version of ChrisMoody's Price Action indicator, which is quite useful.
However, I found it a little intrusive with all the colors. I wanted something more subtle, so I made this.
The only difference is that this one uses shapes to highlight the candlestick patterns, and I dropped the Inside Bar indicator for simplicity.
Refined CandleCounter Strategy A while ago I published a Candle Counter strategy that got quite some attention. Unfortunately it didn't work for all charts for some reason, so I decided to rewrite it. The result is, to me, astonishing. Judge for yourselves!
ALMA Candles V1.0 by @overratedtraderChanges the solid colored candles based on the price action around the Arnaud Legoux Moving Average. Please modify / improve and share with the community.
